GILMORE GEOFFREY G 4
4 · Worthington Steel, Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Worthington Steel CEO Geoffrey Gilmore Receives 39,915-Share Award
What Happened
Geoffrey G. Gilmore, President & CEO and a director of Worthington Steel (WS), was granted 39,915 restricted shares (transaction code A) on 2026-06-26. The grant is reported as an acquisition at $0.00 per share (total reported value $0) because it is a restricted stock award rather than a cash purchase.
Key Details
- Transaction date: 2026-06-26; Form 4 filed 2026-06-30 (Accession: 0001193125-26-290512).
- Shares granted: 39,915 restricted common shares at $0.00 (award).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: Award made under the Worthington Steel Inc. 2023 Long-Term Incentive Plan; the restricted stock vests on the third anniversary (6/26/2029).
- Filing timeliness: Form filed 4 days after the grant; the filing does not indicate a late-report flag.
Context
Restricted stock awards are a form of compensation intended to align executive incentives with long-term company performance and are typically subject to vesting conditions and forfeiture until vesting. This grant is a compensation award (not an open-market purchase or sale) and should be interpreted as part of executive pay rather than a direct market sentiment signal.
Insider Transaction Report
- Award
Common Shares
[F1]2026-06-26+39,915→ 344,932 total
Footnotes (1)
- [F1]An award of restricted stock was granted pursuant to the Worthington Steel Inc. 2023 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/26/2029).